Prohashing Mining Pool Forums

Hi All, I'd like to ask for/throw it out there to have the ability for the payout thresholds to be dynamic. To explain, just like as of now the "default" level automatically moves as the market moves, it would be nice to have that ability with custom amounts. I say this because I typically try and keep many of my payouts near the maximum to cut down on the number of transactions per year. however because that amount stays static, but the market is always moving, I have to go into my settings every day and make sure none of them have gone over the maximum threshold. Perhaps, the maximum payout could be a button as well that moved dynamically with the market, or maybe easier would be to have the option to set a dollar amount for the payout, so that market movement would be "in the background", and the payout would just happen whenever the dollar threshold was hit. You're doing a great job with the site, and I really like mining here. Keep up the good work.

Asking for a feature to prolong the time between payments....I don't see this feature even getting looked at.

You are suggesting a way for you to hold and keep coins on their system longer.
That is the last thing in the world the owners of this pool will ever want...to be responsible for even MORE coins for LONGER times. Add to that if a fork happens all the headaches.

They are NOT a bank. Holding your coins makes them a target. As a hacker who do you go after...nicehash with 10,000 liquid bitcoins....or PH with its 30 btc and the rest on a cold storage device off the system? Payouts happen when they can happen.



Just wondering...why are you trying to limit the number of transactions per year?
What is the reasoning or thinking behind that?

^^^
I'm not asking them to hold the coins longer, I'm asking for an easier way to stay within their existing limits.

Also, taxes are the reason for limiting transactions per year. It is a lot easier to go through 50-60 transactions as opposed to 300-400

I like https://bitcoin.tax/
I just supplied the API for the wallet account and it imports it all at the price the coin registered for that day and computes it.
60 or 6000.

If you buy or sell more than 30 transactions for capital gains then you may need a $25 or $30 premium account.
but I think if you just dump all the coins across 10 or 20 sells for the year you dont even have to pay to use it.

I've been using cointracker.io, because I can see day to day how my coins are doing, and they do taxes as well...but it is the same thing, under 100 transactions is one price, then the price goes up every x number of transactions.

For bitcoin.tax, pretty sure its how many buy-sell transactions.
Income coming in from API I think is unlimited.